Coilcolor Ltd v Camtrex Ltd

Company – Winding up. The Companies Court allowed the applicant company's application to restrain the presentation of a winding-up petition made against it. In the circumstances, the inquiries of fact and context required would be far better dealt with by ordinary process. A petition for winding up was not a suitable or even proper way to proceed.

Coilcolor Ltd v Camtrex Ltd

Company – Winding up. The Companies Court allowed the applicant company's application to restrain the presentation of a winding-up petition made against it. In the circumstances, the inquiries of fact and context required would be far better dealt with by ordinary process. A petition for winding up was not a suitable or even proper way to proceed.